Gumroad just released a report on the metrics for its creator community in 2020. While it’s an admitted subset of the broader creator community, it’s an interesting glimpse into dynamics that are likely prevalent throughout the community. Extrapolation being what it is.Read More
For all of the weirdness of 2020, some things in Oregon remained the same. People still built interesting companies. And local investors still supported them. Among them, Cascade Seed Fund wound up adding a dozen companies to its portfolio.Read More
StreamYard isn’t the only acquisition announcement around these parts, this week. Earlier this week, it was announced that Khoros, a “global leader in digital-first customer engagement software and services” had acquired Beaverton-based Topbox.Read More
For the past few years, I’ve had the opportunity to participate in a really compelling program hosted at Portland’s Lewis & Clark College over the holiday break. They call it “Winterim.” And it’s designed to expose college students to startups and entrepreneurship through a series of talks, mentorship, and a weeklong sprint to build a concept for a company.Read More
As mentioned previously today, Portland’s Simple is being shuttered by acquirer BBVA ahead of PNC completing the acquisition of BBVA USA properties. Not only did the move adversely impact many of our fellow Portlanders and the Portland fintech community — as did the similar shuttering of Azlo today — but it also marked the end of a banking story of David and Goliath proportions. Where Goliath won.Read More
After a long search, Oregon Governor Kate Brown has selected Sophorn Cheang to lead the primary economic development agency for the state of Oregon, Business Oregon.Read More
Prior to the pandemic lockdown, Gumroad founder and Rolling Fund manager Sahil Lavingia mentioned he had relocated to the Portland area. Which, in my mind, immediately made Gumroad — an already interesting player in the creator community — an even more important startup for me to start tracking. Today, he posted about the work culture at Gumroad, which provides some valuable insights — and potentially inspiration — for folks who may be rethinking their work environments.Read More
Earlier today, Portland’s Simple — one of the companies that helped inform this generation of the Portland startup community — announced that they were shutting down. But unfortunately, they’re not the only Portland fintech affected by the BBVA USA sale to PNC. Azlo — often referred to as “Simple for business banking” — which also has a significant Portland presence and was part of the BBVA-PNC deal, is being shut down, too.Read More
Among the other bad news from yesterday, I got a number of pings from folks to let me know that Simple, one of the startups that helped put the Portland startup community on the map, is being shut down.
There has not be an official communication in this regard, but there has been discussion online about it.